Marriott International's latest quarterly dividend was on May 23, 2024 (ex-date) with a payout of $0.63 per share. At an annualized rate of $2.19 per share, the stock yields 0.94%. The latest dividend marks an increase of $0.11, or 21% from the prior distribution.
MAR has a dividend yield of 0.94% which is below the Consumer Cyclical sector, the industry and its peers average. In comparison with its Consumer Cyclical sector average of 2.4%, Marriott International's dividend yield is 61% lower.
Marriott International has a long history of dividend payments, including the last two consecutive years with dividend payouts. MAR has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 35% since twelve months ago. And with the price of the stock up by 20% from a year ago, the dividend yield marks an increase of 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 23, 2024 | Jun 28, 2024 | May 10, 2024 | $0.63 | normal |
| Feb 21, 2024 | Mar 29, 2024 | Feb 8, 2024 | $0.52 | normal |
| Nov 21, 2023 | Dec 29, 2023 | Nov 9, 2023 | $0.52 | normal |
| Aug 16, 2023 | Sep 29, 2023 | Aug 3, 2023 | $0.52 | normal |
| May 25, 2023 | Jun 30, 2023 | May 12, 2023 | $0.52 | normal |
| Feb 23, 2023 | Mar 31, 2023 | Feb 10, 2023 | $0.4 | normal |
| Nov 22, 2022 | Dec 30, 2022 | Nov 10, 2022 | $0.4 | normal |
| Aug 17, 2022 | Sep 30, 2022 | Aug 4, 2022 | $0.3 | normal |
| May 13, 2022 | Jun 30, 2022 | May 4, 2022 | $0.3 | normal |
| Feb 27, 2020 | Mar 31, 2020 | Feb 14, 2020 | $0.48 | normal |
| Nov 20, 2019 | Dec 31, 2019 | Nov 7, 2019 | $0.48 | normal |
| Aug 21, 2019 | Sep 30, 2019 | Aug 8, 2019 | $0.48 | normal |
| May 23, 2019 | Jun 28, 2019 | May 10, 2019 | $0.48 | normal |
| Feb 28, 2019 | Mar 29, 2019 | Feb 15, 2019 | $0.41 | normal |
| Nov 20, 2018 | Dec 31, 2018 | Nov 8, 2018 | $0.41 | normal |
| Aug 22, 2018 | Sep 28, 2018 | Aug 9, 2018 | $0.41 | normal |
| May 17, 2018 | Jun 29, 2018 | May 4, 2018 | $0.41 | normal |
| Feb 22, 2018 | Mar 30, 2018 | Feb 9, 2018 | $0.33 | normal |
| Nov 21, 2017 | Dec 29, 2017 | Nov 9, 2017 | $0.33 | normal |
| Aug 22, 2017 | Sep 29, 2017 | Aug 10, 2017 | $0.33 | normal |
| May 17, 2017 | Jun 30, 2017 | May 5, 2017 | $0.33 | normal |
| Feb 22, 2017 | Mar 31, 2017 | Feb 10, 2017 | $0.3 | normal |
| Nov 21, 2016 | Dec 30, 2016 | Nov 10, 2016 | $0.3 | normal |
| Sep 21, 2016 | Sep 30, 2016 | Sep 13, 2016 | $0.3 | normal |
| May 18, 2016 | Jun 30, 2016 | May 6, 2016 | $0.3 | normal |
| Feb 23, 2016 | Mar 31, 2016 | Feb 11, 2016 | $0.25 | normal |
| Nov 17, 2015 | Dec 28, 2015 | Nov 5, 2015 | $0.25 | normal |
| Aug 18, 2015 | Sep 25, 2015 | Aug 6, 2015 | $0.25 | normal |
MAR has a payout ratio of 22.5% which is lower than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 38.3%, Marriott International's payout ratio is 41% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MAR Marriott International Inc | 0.93% | $2.19 | 22.5% |
| H Hyatt Hotels Corp | 0.4% | $0.6 | 9% |
| HLT Hilton Worldwide Holdings Inc | 0.28% | $0.6 | 12.9% |
Yes, Marriott International has paid four dividends in the last twelve months. MAR has been paying dividends since 2022.
At this point we don't have a record of MAR's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Marriott International's last dividend ex-date was on May 23, 2024. The dividend amount was $0.63 per share.
On an annual basis MAR pays $2.19 per share.
Marriott International's current dividend yield is 0.94%.
Marriott International has a quarterly dividend frequency.
Marriott International's dividend payout ratio is 22.5%.
Marriott International's dividend yield is lower than the Consumer Cyclical sector average.